MGM Resorts (MGM) Tops Q3 EPS by 8c, Submits S-11 for REIT
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
MGM Resorts' (MGM) Strong Q3 Results Upstaged by REIT Announcement, Says Deutsche Bank
October 29, 2015 10:27 AM EDTDeutsche Bank maintained a Buy rating on MGM Resorts (NYSE: MGM) with a price target of $26. Comments follow strong Q3 results and news it plans to create a REIT. Analyst Carlo Santarelli called Q3 results "tremendous" though they ere upstaged by the REIT announcement.
"This morning MGM announced plans to create a REIT to be named MGM Growth Properties. MGM will contribute the... More
